re: Wall Street | “Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy AG

Categorized | STOP FORECLOSURE FRAUD

re: Wall Street | “Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy AG

re: Wall Street | “Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy AG

NYT-

Stung by years of criticism that it has coddled Wall Street criminals, the Justice Department issued new policies on Wednesday that prioritize the prosecution of individual employees — not just their companies — and put pressure on corporations to turn over evidence against their executives.

The new rules, issued in a memo to federal prosecutors nationwide, are the first major policy announcement by Attorney General Loretta E. Lynch since she took office in April. The memo is a tacit acknowledgment of criticism that despite securing record fines from major corporations, the Justice Department under President Obama has punished few executives involved in the housing crisis, the financial meltdown and corporate scandals.

“Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy attorney general and the author of the memo, said in an interview on Wednesday. “It’s only fair that the people who are responsible for committing those crimes be held accountable. The public needs to have confidence that there is one system of justice and it applies equally regardless of whether that crime occurs on a street corner or in a boardroom.”

[NEW YORK TIMES]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8410 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

2 Responses to “re: Wall Street | “Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy AG”

  1. Stupendous Man - Defender of Liberty, Foe of Tyranny says:

    Even if Yates “memo” is later proven to have teeth … it will have little impact on the damage already done in the past several years.

  2. Stupendous Man - Defender of Liberty, Foe of Tyranny says:

    “The Department is 4,000 days late and $24.3 trillion short.” William K. Black.

    http://www.nakedcapitalism.com/2015/09/bill-black-now-the-justice-department-admits-they-got-it-wrong.html

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Kenneth Eric Trent, www.ForeclosureDestroyer.com

Archives